Malt is the product which is left over once a cereal grain is dried, allowed to sprout and then it is air dried again after that then heated in an oven. Any of the variety of cereal grains can be used to make malt such as rice, wheat, oats, rye, etc. The most common malt is barley, which is the chief grain used in the production of beers and most of the malted whiskeys. Specialty malt is the stuff that gives the beer a unique character and flavor. Specialty malt has its distinctive characteristics which add to a beer. Specialty malt can be used alone or combined with other specialty malts to create a specific malt profile.
MARKET DYNAMICS
Increasing demand for malternatives across the globe is driving the need for specialty malts market. Furthermore, the increase in the popularity of craft beer is also projected to influence the specialty malts market significantly. Moreover, specialty malts play a crucial role in defining the taste & texture of craft beers due to which it is anticipated to have a robust impact in the specialty malts market. Evolving demand for malt-based RTD cocktails, which in turn are expected to generate untapped opportunity for the market participants.
MARKET SCOPE
The "Global Specialty Malts Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of specialty malts market with detailed market segmentation by type, application, source, form, flavor and geography. The global specialty malts market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading specialty malts market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global specialty malts market is segmented on the basis of type, application, source, form and flavor. Based on type, the market is segmented into crystal, roasted, dark and other types. On the basis of the application the market is segmented into brewing, distilling, non-alcoholic malt beverages, baking, and others. On the basis of the source the market is segmented into rye, barley, wheat and others. On the basis of the form the market is segmented into liquid specialty malts and dry specialty malts. On the basis of the flavor the market is segmented into coffee flavor, chocolate, caramel, smoked, and aromatic malts.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global specialty malts market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The specialty malts market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting specialty malts market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the specialty malts market in these regions.
MARKET PLAYERS
The reports cover key developments in the specialty malts market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from specialty malts market are anticipated to lucrative growth opportunities in the future with the rising demand for specialty malts in the global market. Below mentioned is the list of few companies engaged in the specialty malts market.
The report also includes the profiles of key specialty malts companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Barmalt Malting India Pvt. Ltd.
- Cargill, Incorporated
- Cooperativa Agrária Agroindustrial
- GrainCorp Limited
- Ireks GmbH
- Malteurop Groupe S.A.
- Simpsons Malt Limited
- Société Coopérative Agricole Axereal
- The Soufflet Group
- Viking Malt AB